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with an exclusive look at their latest cfo survey. how are cfos planning what washington can decide? liz: state across the country must decide today who will be setting of the mandatory health insurance exchange required by the health care act. the decision could have a big impact on your coverage and the prices you will pay and maybe insurance stocks. we will break down the numbers for you straight ahead. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. th's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily.. or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung fu
and the rest of the gop to step up. joining me now, marie cox, washington correspondent for the guardian. and leah henderson, national reporter for the washington post. thank you both for being here this evening. >> it's great to be here. >> good to be here. >> leah, let me start with you. the republicans realize they're on the wrong side of public opinion here? or do they care? >> well, you know, i think you definitely see from democrats from the president using the power of the bully pulpit really underscoring the fact that he won the election. you had pelossi saying essentially that where republicans are ice lated from the public in terms of their stance from the tax hike. i think you see the president continue a campaign that he started in 2008, really, a campaign against extending these tax cuts. now he's able to go to not only the american people, but businesses in wall street. and in that way, i think he's giving cover to some republicans who have been so staunchly opposed to these tax hikes. i think one of the things that's real real really interesting is that is this report that
live. melissa: we start tonight with breaking news. it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a preview we have fox businesses peter barnes. he is at the white house. peter what do we expect to hear? >> well, melissa, right now the president is finishing up on meeting with senate democratic leader harry reid who came down here to try to talk with the president with some strategy moving forward to avert the fiscal cliff. we expect the president to say that he still wants to get a deal with republicans to do that. that is still going to be time. however, that they will have to do it after the christmass3 holiday. the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earliest that they would be expected to get back to work on th
of representatives and the senate. the lower chamber leaving washington for a long weekend before the meeting. meanwhile, the white house confirmed today that susan rice won't be the next secretary of state. u.n. ambassador susan rice asking the president to remove her name from consideration to replace outgoing secretary of state content. democratic sources telling our ed henry that rice is likely to be the president's choice to become the next national security adviser. we take ll of that up here tonight with fox news digital politics editor from a veteran political strategist, former u.s. ambassador to the united nations. now the late breaking developments on the fiscal cliff talks and the impact of the withdrawal of susan rice from consideration to be the next secretary of state, fox news chief white house correspondent ed henry with our report. >> president obama was not fretting about the fiscal cliff as he strolled to a holiday party joking with fox news about the warm weather and expressing hope for a deal. >> how are you feeling about a deal, optimistic? >> the speaker not so hopefu
that more failures of leaders and failures to reach compromise in washington will have on pleasant and possibly exceedingly painful consequences wall street today sold off sharply despite more positive news on an economy that is now obviously growing and building momentum. the dow jones industrial fell 121 points. the s&p down 39 and a half, nasdaq lost 29 points. to assess what is now a bright new economic prospects and the consequence of further gathering in irrespoibility in washington, we are joined by economist john lonski, noted fund manager and strategist harvey eisen, and in other news from washington tonight president obama nominating senar jo kerry to be the next secretary of state with their views on kerry, benghazi, obama's foreign policy. we will be talking with fox his national security analyst k. t. mcfarland, former ambassador john bolton, and today the national rifle association exactly one week after the sandy hook school massacre has come up with a proposal for securing every schl in this country, and it is such an obvious solution, so simple it immediately raise
report" is coming up next. >> harris: this is the fox report. tonight, drama from washington to wall street. no deal on the fiscal cliff on this final friday before christmas. negative reaction from investors as the president speaking moments ago tries to calm the fray. plus, president obama making it official. >> i'm very proud to announce my choice for america's next secretary of state, john kerry. >> the president calling on the veteran massachusetts senator to fill secretary clinton's spot. plus in the wake of the new town shooting the national rifle association breaks its silence. >> out of respect for the families and until the facts are known, the nra has refrained from comment. >> harris: and the group's ceo placing some blame. >> we have flood soaked films out there. vicious, violent video games. >> and the nra offering a proposal, an armed officer in every single school in america. also, mexican police locked up this former u.s. marine months ago, accused him of trying to bring a gun into the country. >> a lesser person would have pleaded guilty. >> they chained him to a be
business senior washington correspondent with the very latest details. how close will this be? >> the vote on that tax bill, the one that would raise taxes on people making more than million dollars a year, they are still working on getting the republican leader, the speaker still working on getting enough votes to get that to pass later tonight. we expect that around 8:00. as one price for votes, right now than house republicans have also got a bill on the floor which would impose new spending cuts. what it would be technically is it would replace the sequester, get rid of those big cuts in defense spending. replace that with about $300 billion in new spending cuts over ten years. some republicans want to be able to say they voted for spending cuts before they even consider voting for a tax increase. they're debating the right now on the floor, the spending cut bill. take a listen. >> we don't just have a fiscal clef. we have of fiscal abyss in front of us, and that is at debt crisis that is on our horizon. failure to address this debt crisis means not just 47 percent of americans, but ev
: washington is bracing itself for the full implementtation of dodd-frank. but will dodd-frank prevent another financial meltdown, let's ask bart chilton. i know you are testifying tomorrow to report on how it is going with the implementation of dodd-frank how is it going? >> slow but sure, we have not made as much progress as law required. about 400 rules in the government we've done within 35, we'r135, we'reslow but floodingd the right balance, and get things right, and don't cause a market migration to to other country, and don't create a devastating havoc on financial firms or markets. tracy: we've seen before with sarbanes-oxley, it became arduous. that can't happen again. >> the systemic risk, the risk to all of us, some people call it, too big to fail. that is the problem in 2008, we lost 9 million jobs, and people lost their homes, that is what we're trying to resolve. tracy: with 400 new rules, do you really think you will prevent another -- if we have -- another financial crisis, there are people out there that are starter than all of us, figuring outweighs to trade around every rule
amendment republicans are hoping will pass. here with exquisite exclusive details, richardson in washington. >> good evening. what republicans are looking to do in the house is basically deal with the tax provisions of the fiscal cliff to hit on january 1 so there will be two amendment votes on the house. the first constructed by republicans dubbed the nancy pelosi plan because it contains a number of the provisions she holds. amounts less than $250,000 per year, it extends some of the stimulus provisions with income taxpayers, child credit, and raising amounts more than $1 million. this is a republican plan ,-com,-com ma the one if it goes past the house, likely to pass the house, it makes the current rates permanent for amounts less than $1 million per year. it takes capital gains and dividend rates now 15%, make them permanent for amounts under $1 million for amounts more than $1 million it is 20% dividend rate operates. there is a permanent estate tax of 35% for amounts of more than $5 billion bid the sequester, automatic spending cuts set to hit starting on january 2 or 1st, essentiall
in a building in washington dc to decide where the money is going to be distributed when we should just keep it in the house. you know, keep the taxes the same, but let new jersey pulled onto a larger version of it. neil: melissa? >> you know the faces, you know how to help them. when this country relied more on the community, your friends, your church -- the people around you. it work bette neil: it's like with school shootings and all that. gun advocates, whatever you do, don't use something like bad. climate change is the same thing. where theyre going to use it. the u.n. talking about setting up climate change, now this in the united states. >> it is absolutely despicable. essentially, that is what is going on. the politicis are so greedy for extra power and money. neil: the fire before them is not getting to these people. if you really want to go in direct climate change, you know, what is happening with the glaciers and blame on them -- but right now, this is not the time. >> thapr opportunity has are go by. i hate to be cynical, that everyone has argues at for their political purposes
to an offer made by the white house yesterday, we go to rich edson from washington, d.c. with the latest. rich, any response from the white house on this? >> still working on that. aids say in exchhnge of proposals taken place, some movement, but still major differences between the white house and speaker's office. fox news reports the speaker and president just spoke on the phone. white house folks s there's a sign of movement. a senior huse aide says the evite house reduc the and the white house has reduced itsm demand for tax revenue increases from just under to fund the store one-and-a-half to will sort of the latest republican billio offer of $800 billion.e there is anfother offer on the t table from republicans. the details are known.ys the spokesman said the white house got up counter offer tois. solve our looming debt crisis. we are still waiting for the white house to identify what pet spending cuts the president is willing to make as part of the balanced approach.use fox news is reporting senior white house official said the signs are making some progress,e but there is still littler
what this crackpot cringe gel was doing in washington today. targeting republicans for blocking needed spending and i guess, just being cold, heartless souls. leaving aside reality where the real santa's paying for all the gifts that congress doles out. must we use an icon to plug these morons? by the way, first time this guy was on capitol hill he was reading off a prompter. what idiot reads off a prompter? scroll up a little bit, please. anyway, anyway, it is a biz blitz segment. we have banking big wicking -- bigwig, john allison. i couldn't believe this, john, using santa to sell your cheap thought. your thoughts? >> it is interesting, neil, santa is a very just person. he requires children not to be naughty. he requires implication, he said that children should get what they deserve. and so i think it is ironic that he would be using santa about taking money from peoplehat are producing it and basically giving it to people that haven't earned it. neil: you have to wonder. he wear as red suit and does throw out stuff for free but i digress. i was thinking, you have to be rlly despe
everywhere. i have been keeping my own money and nice list for washington. visiting towns like this. >> president obama got his wish rather than negoating with republicans he was simmering them back on the campaign trail at a factory in pennsylvania that makes angry birds toys. >> it's not acceptable to me, and i don't think it's acceptable to you for and full of republicans in congress told middle-class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. >> within minutes the speaker fired back that the talks are now on life support. >> there is a stalemate. let's not kid ourselves. >> replan the president for sending treasury secretary to capitol hill with a proposal that led senate republican leader to lirally burst out laughing. >> the white house took three weeks to rpond with a kind of a proposal. much to my disappointment it was not a serious one. >> the president campaigns on $800 -- 800 billion in tax increases by ending the bush tax cuts for the wealthy, but is now proposing. adding tax hikes on ividends and capital gains. the white ho
in washington. not only sales of existing homes are higher, gdp grew at 3.1%, the fastest rate, much faster rate than first reported. and well over the second quarter growth rate just over 1%. investors welcoming the good news. the s&p up eight, nasdaq six. 3.6 million shares traded on the big board. two sides to watch tomorrow. research in motion, which after the bell reported smaller losses and larger gross margins. and athletic shoemaker nike bringing in $1.14 per share expectations. nike up in the session, and up in after-hours trading as well, the market up again, 10 year treasury yield of 1.80%. existing home sales up almost 6% last month at a seasonally adjusted rate just over 5 million, that is the highest level since november 2009 when buyers were rushing to close deals in order to benefit from a federal tax credit. remember those days? november sales up more than 14% from a year ago. joining us now, richard smith. first i say welcome to you, richard. good to see you. i have good knowledge to the audience i do own stock and make that very clear, this does not happen very often, but it d
't but i suspect we'll have some last minute, slap dash, terrible washington style deal that won't do anything. this fiscal cliff doesn't solve our long-term debt propses. lou: breaking with the practice and policies of washington over the course of the past 50 years. stephen hayes, thank you very much. judith miller, thank you very much. john fund, thank you. time for a few quick comments. ken wrote us to say, correct me if i'm wrong, wasn't it the obama administration that released thousands of guns into the hands of criminals? now they want to talk gun control for law-abiding citizens? that was just "fast and furious." mike tweeted us about benghazi and the report, always blame the dead guys. they did. thanks for being with us. has t. >> wall street is very concerned. no dou the average folks at home who have been cutting back more inclined to hang onto their wallets. they don't know what will happen. thank you congress. thank you mr. president. >> it is charities' season. makes us feel good to give. that is why there is a concert for storm victims. a bit greedy businesses ted turn
of most of the media because most of the media are focusing on washington and on the budget deficit deficit and on the fiscal cliff negotiations. this is where the rubber meets the road. this is where it's actually happening at the state level. at the local level. this is where all of that money that was released into the political system by citizens united is actually now paying off. >> yeah, and that is what's frightening nationwide because citizen's united opens the door everywhere. and we're seeing them searching for a model on how to do this. that is why even the detroit free press, in an editorial, and, again, this is a paper that had endorsed governor snyder two years ago. it says the right to work champions, the determination to emasculate once and for all the democratic parties most reliable source of financial and organizational support. now, senator, let me say this to you. if they can get away with it in michigan, michigan has 671,000 union members, 17.5% of the work force, fifth highest in the nation. if they can get away with it in michigan, they feel they can just ste
performed at a christmas event at a washington charity that aired on tnt. watch this. >> ♪ ♪ >> all right. look who had a front row seat, none other than president obama and his family, but not only did our commander in chief sit through this anti-american's performance he was caught on camera shaking his hand. did no one, no one in the organization of the event, or our own president think ma maybe, just maybe, this was inappropriate. now the importance of this should not be understated or dismissed. well, why? let's imagine that the rapper called for the killing of a race of people. white, black, hispanic, asian. do you think for one minute that the president would allow himself to stand or be in the company of such a person, allow them to perform before him? on the other hand, what if the rapper talked about killing people of a particular religion? jews, hindus, christians, muslims? would the president be so forgiving. in this case psy is calling for the torturing and killing of americans, more specifically american soldiers and their family members. now the commander in chief is not go
taxes. with the democrats in washington pay more attention if oprah threatened to turn in her passport? that's my two cents more. that's all for tonight's "willis report," and thank you for joining us. have a great night. see you right back here tomorrow. ♪ lou: good evening, everybody. a pounding deafening drum beat for gun control rising in the national media. imnating from washington, the president, and members of his party in congress. the tragedy, at sandy hook elementary school in newtown, connecticut, claimed the lives of 27 people, including 20 children understandably provoking calls for solutions, prevention of such bloodshed ever again. the dire to control the inexplicable and the unpredictable. >> are we really prepared to say that we're powerless in the case of such carnage? the politics are too hard? are we prepared to say that such violence visited on our children year after year after year is somehow the price of our freedom? lou: several democratic lawmakers echoing the president's sentimentses within only hours of the shooting pushing for second amendment restriction
everything that you've been hearing out of washington today because i think at the end, it means nothing. focus on this video because i think it's going to tell you everything. take a look. >> to begin the benefit finder, first answer all of the nine simple core questions that are essential to narrowing your results. you will find a program description, general requirements, and your next steps on how and where you can apply. receiving the latest benefit information has never been easier. we hope this tutorial helped you on your path to government benefits. neil: that's a youtube video on how you can log in to see how much the government can help you out. it's a menu for moreegovernment. benefits ala carte. after all, you're not paying for them. someone else is. now, we've given sheen to what amounts for government stuff. it's sort of like that ad that ran earlier this year, the benefit to food stamps in a feel-good radio commercial that probably would have made norman rockwell proud. remember this? >> look at margie, she looks amazing. >> she sure does. >> i wonder how she stays fit. wh
? >> matter of time. >> reporter: tory dunham, cnn, washington. >>> "cnn newsroom" continues right now with brooke baldwin. >> suzanne, thanks so much. good to be with all of you on a monday. i'm brooke baldwin. let's show you live pictures. we're watching and we're awaiting the president, packed room here, these are live pictures from redford, the redford plant, daimler's redford engine plant to be specific today this is the greater detroit area. we're expecting the president. this is an invitation only audience. we're expecting to hear themes of the economy, and middle class. couple of backdrops, just to put this in the back of your head as we continue this conversation with our chief white house correspondent who i'll bring in in a moment here. just yesterday, the president met with the speaker of the house, john boehner, to talk specifically about avoiding the fiscal cliff. we are mere weeks from that, you know, basically kicking in, first of the year. that's when everyone's taxes would be going up. that happened just yesterday. and also you have all these pro union protests happen
to the deadline at the end of next year, i think a lot of the lawmakers in washington will be looking at details. things that were put in place to get the bill passed. maybe some corrections to the bill. connell: scott brown, thanks a lot. dagen: we will soon see corn prices hitting new record highs. sandra smith will tell you all about it coming up in today's trade. connell: we will also get to some of the winners. here they are at the nasdaq today. ♪ there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the wod you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperature-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you to adjust to the support your body needs. each of your bodies. in the name of human individuality: the sleep number collection. discover how ou
a correspondent there as well. we'll talk to here. jessica yellin to you in washington. and, first things first, you think here michigan, you think the birth place of unions and you think about all these people who are very frustrated with this, everything i read, it seems to be pretty much a done deal, this right to work legislation, that the governor has indicated he would sign. these are the folks who helped elect the president not too long ago. should the president step in and go to bat for them? >> well, you know, the unions have been enormously supportive of the president as you point out. not only during this campaign, not only as foot stole jer sold helping get out the vote, but also financially with their dollars. the white house already expressed its support for the unions opposing right to work legislation. one of a white house official put out a statement today, matt lairic, saying in part, let me find the statement, president obama has long opposed so-called right to work laws and he continues to oppose them now. the president believes our economy is stronger when workers get good
, it is carlos gutierrez. he has seen the interworking is a washington as secretary of commerce, but he also turned around it publicly traded qaeda -- iconic company. the shares of kellog moved around. now is moved to banking. he is joining me now on the first on fox business interview, and i want to let our viewers know the genesis of this. i ran into you in washington d.c. at the airport just a week and have caught two weeks ago. asset to me you have to come on the show because i thought your opinions are very interesting. right now, let's work with the news that we have today. john boehner saying 1 million, that is what people should have expiration on the tax threshold. the president moving from to 50 the possibly 400,000. will we have a deal? >> i think so. my opinion is that if we have to go over the fiscal cliff to get a good deal, we might as well bite the bullet now. do it now, and fro and the debt ceiling. it is a big -- liz: throw in the debt ceiling, you mean the republicans should use that in their back pocket? >> absolutely. it is to no one's benefit to have a debate in march a
states well above 2%. is anything that is happening in washington right now going to contribute? not at all. connell: you might as well come up with something. just make the most of it and move on. >> i would like to see the so questioner. it would show the united states can reduce spending. i think it would have a very positive affect. i do not think it reduces spending enough that it would have any real material effect on the economy. all right, dan, thank you very much. good stuff. talk about this number. 3.1%. on the surface, just look at that, that is not bad. john riding is here now to say that recession is, believe it or not, not off the table. >> absolutely. only if we go over the cliff in 2013. i am not worried about the spending side. it is the hundred billion dollars. it is the tax side that is the real issue. the economy is growing at two. we cannot make that. connell: we will talk about housing a little bit later. >> these are all good numbers. if you give the economy a chance, we could have that growth in 2013. connell: if you give the economy a chance. patch is ba
straight to u.s. government, focus on what it is paying that money to. u.s. government. washington. same folks for whom $1.5 million is a rounding error. these guys get the money? have you wondered what the heck they are doing with that money, last i checked there are no lockboxes. those big fine, every year government collects billions, where does that money go? we can't a lick about it forget about finding company that have to hand over the money, how about finding the government that pockets it and doing who knows what with it, marvin, thank you for joining us, where does it go? >> it goes to the u.s. industry, they pit -- treasury, they put it in general fund 92ot a lockbox thing. >> no unclose court issued a special order it cannot be used to pay the people they claim they are protecting that were injured. it goes to u.s. government to spend like they want to spend, it is almost like a slush fund. neil: the victims of that supposed abuse are not awarded? >> they still have to find their own lawyers. >> money gets dumped in this general fund, what do they do with that? >> they use it
the fiscal cliff. rich edson reporting from washington. thank you very much. liz: david, the news changes, and day-to-day, breaking news now, adam on dish. >> yeah, move over verizon, at&t, with the dish of dish if you want a new cell phone company. three of five fcc commissioners approved a rule change as of today, and it would allow support for the dish speck rum rule change for a wireless network. dish could then, perhaps, as sale at capacity for the u.s. market so the fcc, looks as if is clearing the way for dish. back to you. david: boy, a more ever-crowded market in the cell field. competition is good for consumers, not a bad thing. thank you very much. liz: washington, still, as you know, not coming to a solution on the fiscal cliff with the clock ticking louder than ever. coming up, we are joined exclusively by the former treasury secretary paul o'kneel and how he would solve the crisis. david: big labor taking a big hit, right it work bills sent to the governor's desk who is joining us live after the break. ♪ ins. i didn't see them coming. i have obligations. cute obligatis, bu
right now in washington. >> felony wire fraud for engaging in a scheme to manipulate the libor rate. the company has agreed to plead guilty to this charge. to its criminal conduct and to pay a $100 million fine. ubs ag (company has agreed to pay a penalty of $400 billion to the united states government. combined with roughly $1 billion in regulatory penalties and disgorgement, these criminal fines and penalties bring today's total resolution to approximately $1.5 billion. the nonprosecution agreement illustrates the significant steps ubs has taken to help investigate libor misconduct. and it reflects the department determination to rigorously enforce criminal laws and enforce our willingness to bring criminal charges under these laws when they are supported by the facts. additionally, in a second complaint, two former ubs traders have been charged with conspiracy. one of these individuals has also been charged with wire fraud and and antitrust violation in connection with these activities. to spread false information, they manipulated the benchmark interest rate on which any consume
people off because forecast hidden fee? byron of the washington examiner joins us. what is this sneaky hidden fee? >> we are just kind of find being out a lot of stuff that's actually in obamacare. >> that's what leader pelosi said. >> she wasn't quite right. she said we have to pass the bill to find out what's in it. actually you have to implement the bill to find out what's in it. obamacare gave hhs, health and human services, the power to levy a fee and this fee in particular is after january 31st insurance companies will have to insure everybody, including people who have pre-existing conditions and people who are not in good health. it's going to cost them a lot of money. we don't know exactly how much that is. so the law allows hhs to collect a fee from employers. >> up front? >> $63 a person. >> up front? >> yes. >> why not at least have the insurance companies bill back because they will be worried about how much they get so maybe they will try to worry it. >> they want to have a pool of money. they want to have a pool of money that could raise $25 billion to ease the way for i
of good intention, maybe that gets me into trouble my saying that. lou: to surprise of many in washington boehner appears to have support of more voters than anyone thought previsly, a new fox poll shows 3 a 3 to 1 margin, voters believe by enacting mostly spending cuts is the best way to deal with the problem. president obama continue its push his ultimatum on higher taxes for wealthy, and republican leaders responding by warning their members to be prepared for christmas in washington because of the stalemate. and joining us now, congressman devon nunez, a member of house aways and means committee. speaker saying they are separated by serious gaps here, what are your thoughts? >> i came on this show two weeks ago, i told you then that president wanted to go cliff diving, that is what he wants to do. he is not serious about getting a deal, if he was so serious, he would not have met with john boehner sunday morning then go out 24 hours later on a campaign stop to michigan railing about some middle class tax hike jarg onljargon he is using. he wants to go off the cliff,. lou: looking at t
the "washington post" and abc news. 54% say they favor stricter gun control laws. 43% say they oppose them. the pollsters say they did the survey this past weekend. mostly after the massacre at sandy hook. last night president obama spoke at a vigil in newtown and said the nation has to do more to keep this from happening again. >> in the coming weeks, i'll use whatever power this office holds to engage my fellow citizens from law enforcement to mental health professionals, to parents and educators in an effort aimed at preventing more tragedies like this. >> john: today the white house said gun control is only part of the president's plan. ed henry live at the white house for us. i guess press secretary jay carney wouldn't get too specific about that plan today. >> that's right. look, the president got high marks for those remarks he mentioned last night at that prayer vigil. i was there. across the political spectrum, people were saying it's perhaps struck the right tone. maybe there will be some action. but there is a way to have a reason debate to find out the best solution. jay carney
us from washington, senator bill nelson from florida who has been trying hard to secure the release of corporal hammar. am i making any mistakes here? >> good evening, bill. and, yes, we all want to get him out and we want him out by next week by christmas. so he can be home. i would just point out that the white house is involved i have talked to both of them today. i have asked the state department to have our general council our con sill general in mat morris and consulate to get back in there again and see him. the one thing that i think is a little different than your recitation of the facts is that it was when we found out about him being in the general prison population last august, when he was picked up that we asked because of the obvious threats to his life and attempted shakedowns to get him out of there. got him into the same prison but an administrative facility and that's where you see the photograph of him in a room by himself and they have actually got cuff on his leg chained to the bed. that has since been removed but i think that didn't occur for some period of tim
. washington correspondent. what did the president have to say moments ago? >> john boehner did say that this wld be a cooling off period. maybe they would have some time to reflect here. the president said that he did speak on the phone to speaker john boehner this afternoon. he also had majority leader harry reid to avoid the fiscal cliff and figure out a passport. he said he is ready and willing to try t to get a compromise package done. all at once or stuff like that. but we'll have to wait until after the holiday. the president planning to hold out for the holidays, and congress is out for the holidays. the president saying that putting pressure began on republicans, house republicans, to least extend tax cuts for the middle class. that would be the step by scratch in transit approach and he is speaking to constituents back home who he hopes will give feedback to members of congress while they are there for the holiday to try to get them to agree or get back to the table to negotiate something. gerri: if it were up to me, i say that they work until they get their work done. tha
to a head. there's a lot of progress in washington right now, so at best talking with dealing with the bush era policies and the rest is pushed even further into 2013. tracy: even the extenders probably will get punted for a year or extended for a year. so here we are again this time next year we wwll have the same conversation. >> that is just how it goes forward. we have to accep accepted is goe done. tracy: the only way to do this is to throw the book out and start over. republicans offered it to them three times. offered it to them last week and turned it down flat. not interested forming the tax. i think we're in perilous times and we're down to the wire. now's th is the time to put the legislation together. tracy: iris has to implement it and it is very scary. still to come, should you be able to use your cell phone on a flight? we will have a debate over that. aad president obama asking for his support for his fiscal cliff plan. also into the middle of a union3 what does he have to say about michigan becoming a right to work state? find out next. [ male announcer ] is is the age of k
saying they're holding on until certainty comes out of the washington area. we found one company growing strong planning for a solid 10% increase in growth in the new year. joining us now in a fox business exclusive, the executive vice president at obe are. g industries. first of all, rich, 10% growth, what makes you so bullish that you're going to meet that target? >> you know we're linked to a couple very encouraging markets. one being the energy market, the medical market and the aerospace market. these markets are all looking for precision machine parts, that is something that we're very good at. we just see a strong demand. we've had a good demand in 2012 and we actually and we see more growth in 2013. david: you put a lot of money in on-the-job training. how has that paid off for you? >> we're probably the first to have a state certified apprenticeship program in pennsylvania. we currently have probably 25 guys, young people in the program. and that is helped us in down times. we have continued to invest in our people and in our equipment and that's helped us be prepared prepared f
this young woman in seeking, finding, killing osama bin laden. in this new report from "the washington post," this mystery cia operative has a very complicated life, even more so after the bin laden raid. joining me from washington is greg miller, the intelligence reporter with the post, with "the washington post." welcome. >> thanks. >> what an article. i read it and from what i can tell, and also listen to an interview with catherine bigelow. this cia operative found the link to the courier to drive this forward to find osama bin laden. who is she? what do you know? >> she's in her 30s. she's a young female targeter for the agency, a targeter is a job in what she is supposed to find weaknesses in terrorist networks, look for nodes, people that can be recruited by the cia or people that could be hit by drones. and she played, as you said, a huge role in the hunt for osama bin laden. and focused on the idea that he depended on a network of couriers to hand deliver his messages. she believed from very early on that that would be the trail that would ultimately lead to the al qaeda chief. >>
into washington has gone up 3% year. we had the bush tax cuts and two recessions but the cash coming in consistently went up. sounds like we should be in good shape. we are not in good shape because spending went up twice as fast and the biggest bulge in spending occurred in a last four years under president obama. let's look at this objectively. tax revenues keep rising but we spend it all and then some. that is why we go deeper and deeper into debt. fast forward to the present and we see president obama refusing to offer real restraints on spending. he wants to spend more. worse yet in my opinion he is the connecticut shooting to push his tax and spend position. the use that terrible event to impose surrender or try to on john boehner. here are the dollar numbers. we spend $3.5 trillion a year and at $1 trillion to our debt every year. we will be $20 trillion in debt in four years and that is being optimistic. i don't think president obama will get to grips with spending. i think he wants to transform america. he will raise taxes on up you and redistribute to the many who then vote
. >> peter doocy joins us live from washington with the very latest as we see video of the president hopping on board air force one, right? >> that's right, clayton. president obama popped in to the james brady briefing room at the white house yesterday at about 5:30 and basically said that since the american people in november voted for democratic control of the white house and the senate and republican control of the house. lawmakers need to compromise but he also made clear as of right now when it comes to the fiscal cliff and avoiding it, there is no deal. >> so as we leave town for a few days to be with our families for the holidays, i hope it gives everybody some perspective. everybody can cool off. everybody can drink some eggnog, have some christmas cookies, sing some christmas carols. enjoy company of loved ones. and then i would ask every member of congress while they're back home to think about that. think about the obligations we have to the people who sent us here. think about the hardship that some americans will endure if congress does nothing at all. >> it was just a few minu
out of washington. we've got it for you. >>> and wait until you hear just how dire the situation is in detroit. a third of the people on food stamps? almost half out of the labor force? and yes, they want a federal bailout. we're talking about all of this. and a whole lot more with this company: recovering investment banker. charles payne is here and nicole petallides always on the floor of the new york stock exchange. thursday morning, i will say it again, dead flat for the dow jones industrial average. and we have dead flat, the rate on 30 year mortgages from freddie mac actually it's down a tad, 3.32%. how's that for a 30 year? i've been saying this for weeks now, who would have thought. here's another number for you, the u.s. government spent 172 billion dollars more than it took in, during november alone. that means we're very likely headed for another trillion dollars annual deficit. that would be the fifth straight. the national debt, 16.37 trillion dollars. president obama apparently not concerned. he wants more spending. now, look at this. new poll from fox news, the que
that in just a couple minutes from now but first, washington can't get its act together, no vote on john boehner's plan b and it is costing you money. stocks sell off and your taxes are likely to go up as of january 1st. here is our friday morning co. on this cliff diving day. gerri willis is here, charles payne, nicole petallides on the floor of the stock exchange. here comes john boehner to address the cameras about the collapse of his plan b. >> will will will of the house. unless the president and congress take action tax rates will go up on every american taxpayer and devastating defense cuts will go into effect in ten days. the house has already passed bills addressing the fiscal cliff. perhaps replacing the president's sequester with responsible spending cuts and did it last may. we passed a bill to stop all the tax hikes on the american people to take effect jan. first and we did that on august 1st. we propose plans over and over again that democrats used to support but now they won't. i don't want taxes to go up, republicans don't want taxes to go up but we only run the house. d
in washington. the big story here, deal making on the fiscal cliff. is there a break-through? tonight on "special report," despite concessions on both sides of the aisle, president obama and boehner are playing political hardball. the white house insists they are making a good faith effort to reach a compromise as boehner is readying what he calls plan b. we will lay it out for you. students in newtown, connecticut, reeling from the deadly school shooting were back in the classroom today. different classrooms. the massacre sparked intense debate in washington over gun control legislation and what can be done to cush violence across the country. the nra is now weighing in. the national debt, how much do you owe? we'll break down numbers to take a frightening look at that in part with the of the series, "the cost of spendin spending." now back to new york and my colleagues with "the five." >> dana: welcome back. after being charged with intoxicating manslaughter of his teammate, he cheered on the team from the sidelines. after mounting pressure the cowboys announced today they won't all
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